DEXUS — Major Shareholding Notification 2014

Jan 19, 2014

FACSIMILE TRANSMITTAL SHEET

TO: ASX	FROM: Ivan Arias
Shareholder Disclosures	DATE: 1/17/2014
FAX NUMBER:	TOTAL NO. OF PAGES INCLUDING COVER:
From Overseas- 461219778109997461293470005	4
DEXUS PROPERTY GROUP Attn: Investor Relations х нь гэрэг хэл
RE: Dexus Property Group

On behalf of Newton Investment Management Limited, I am forwarding our Form 604 shareholder notification, regarding holdings in Dexus Property Group.

We have completed a subsequent filing for Dexus Property Group as of 17 January 2014 at 7.25% due to whole 1% change from the previous filing.

Please let me know if you have any questions.

Regards,

$\bar{z}$

$z_{1}$ $\subset$

Ivan Arias

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To_Company Name/Scheme	Dexus Property Group
AOV ARSN	129 477 112
1. Details of substantial holder(1)
Name ACN/AFSN (if applicable)	The Bank of New York Mellon Corporation on behalf of Newton Investment Management Limited (See Annexure A)
There was a change in the Interests of the substantial holder on	16 January 2014
	The previous notice was given to the company on-18 December 2013

The previous notice was dated - as of 17 December 2013

2 Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Cass of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Ferson's votes	Voting power (5)
REIT	286, 163, 180 6.18%		335,701,104 7.25%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substant) al holder was last required to give a substantial holding notice to the company or scheme are as follows:

Data of chance	Reson whose relevant Interest changed	Natura of change (6)	Onsideration given in relation to change (7)	Oassard number of securities affected	Ferson's votes affected
16 Jan 2014	The Bank of New York Mellon Corporation on behalf of Newton Investment Management Limited (See Annexure A)	Share Acquisition	AUD 1.03	REIT 5.190,409	5,190,409

4. Present rolevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Fedis tered holde гcf securi	Person entitled to be registeredas holder (8)	st u	Cass and number. ď searities	Parson's votes
The Bank of New York Mellon Corporation on behalf Corporation on behalf Corporation on behalf of Newton Investmentof Newton Investment of Newton Management Limited Management Limited Investment (Sce Annexure A)	The Bank of Now York Mellon (See Annexure A)	The Bank of New York Mellon Management Limited (See Annexure A)	Direct	REIT 335, 701, 104 335, 701, 104

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

$\cdots$ Name and ACN/ARSN (if applicable) -----	Nature of association
.	'(See Annexure A)
--------	---

6. Addresses

The addresses of persons narried in this form are as follows:

------- Name	Address
Newton Investment Management Limited	The Bank of New York Mellon Financial Centre, " 160 Queen Victoria Street, London EC4V 4LA England

Signature

print name	Ivan Arias	$-1 - 11 - 111$	capacity Compliance Officer
		sign here $\mathbb{Z}$ $\hookrightarrow$ Date - 17 January 2014	.

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an $(1)$ equity trust), the names could be induded in an annexure to the form. If the relevent interests of a group of parsons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is dearly set out in paragraph 6 of the fam
• See the definition of "associate" in section 9 of the Corporations Act 2001. Ø
• See the definition of "relevant Interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\circled{3}$
• The voting shares of a company constitute one class unless divided into separate classes. (4)
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $\langle 5 \rangle$
• $\odot$ indude details of:
• ary relevant agreement or other droumstances because of which the change in relevant interest cocurred. If subsection 671B(4) applies, a copy of any (a) document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposel of the securities to Ф) which the relevant interest relates (indicating dearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001,

• $\sigma$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becomie entitled to receive in relation to that acquisition. Details must be inducted even if the banefit is conditional on the happening or not of a contingency. Details must be induded of any bonafit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant Interest arises because of an option) write "unknown". (5)
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. Θ

Annexure A This is Annexure A 1 of 2 pages referred to in Form 604 Notice of Change of Interests be of Substantial Holder

Interests in Dexus Property Group ("DXS") held by members of The Bank of New York Mellon Corporation

The list of The Bank of New York Mellon Corporation entities and their holdings are as follows:

jstgogmpt@rmfesifigiji i r	SMIDERMOON	All The Star	contractors and	ALC: YES ALC 10
DXS	Dexus Property Group	335,701,104	7.25%	Newton Investment Management Limited .
	Total	335,701,104	7.25%

The Bank of New York Mellon Corporation is comprised of a large number of operating and holding companies. The entities identified herein are subsidiaries of The Bank of New York Mellon Corporation [as ultimate parent] that have shareholdings in the issuer. All group companies have a relevant interest by virtue of the fact that they are related group companies, however, other than those listed herein, they have no actual shareholding in the issuer, nor do they participate in investment or voting decisions.

Print name lyan Arias et al. et al. et al. et al. et al. et al. et al. et al. et al. et al. et al. et al. et a		capacity Compliance Officer
-----------------------------------------------------------------------------------------------------------------------	--	-----------------------------

Sign here $\mathbb{Z}$ $\subset$ date 17 January 2014